Home Business & Finance New York apartment sold for nearly $190 million

New York apartment sold for nearly $190 million

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New York apartment sold for nearly $190 million

Almost 190 million dollars (165 million euros) for a penthouse apartment above Central Park: The “Wall Street Journal” reports that the previous owner, the US billionaire Daniel Och, his 900 square meter luxury apartment on the top floor of a skyscraper in sold to the US metropolis New York at a large profit. According to this, Och bought the four-bedroom apartment in 2019 for $93 million. The Journal estimates that the sale to an anonymous buyer is “one of the most expensive ever completed in New York.” US fund manager Ken Griffin paid around $238 million for an apartment in the same skyscraper at 220 Central Park South in 2019. 61-year-old Och’s fortune is estimated by Forbes at $4.1 billion. Och is the founder and former CEO of the New York investment fund Och-Ziff Capital Management, which has since been renamed Sculptor. In 2016, his fund had to pay a fine of more than $400 million to US authorities for setting up a corruption network in several African countries.

Och had moved his primary residence to Florida for tax reasons, and the luxury apartment was to serve as his secondary residence. But the billionaire owns another penthouse on the west side of Central Park. According to the Journal, its value is estimated at $57.5 million.



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